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Jan 31, 2013
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we don't have a carbon tax. and the -- >> rose: is its carbon tax the way to go. not cap and trade, but carbon tax jathe difference between those are not that critical. >> rose: the idea is put a value on how much carbon you use. there are reasons are to do that. but because of the political realities, either one can be achieved. they both have the same effect, causing you to shift in making your energy in a way. >> you look at germany, and angela mirkle has basically sworn off nuclear energy. >> that is aa setback -- >> rose: you disagree with the decision she made. >> well, with the current generation of reacts, because of the fukushima accident -- >> rose: they're old. >> people are now worried about that. there haven't been that many accidents, so you can have a reasonable disagreement about the current generation. there are generations coming that are inherently in their design form is more safe. if you don't like today's reactors you shouldn't group all the ways of generating nuclear energy that will come out. you shouldn't abandon those as well because we c
we don't have a carbon tax. and the -- >> rose: is its carbon tax the way to go. not cap and trade, but carbon tax jathe difference between those are not that critical. >> rose: the idea is put a value on how much carbon you use. there are reasons are to do that. but because of the political realities, either one can be achieved. they both have the same effect, causing you to shift in making your energy in a way. >> you look at germany, and angela mirkle has basically sworn...
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Jan 24, 2013
01/13
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no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're not sure you're doing all you can to lower your taxable wages and secure your retirement, finras new 401(k) save the max calculator can help you do the math to find out. i'm gerri walsh. >> tom: join us tomorrow on twitter for a tweet-up, that's when you meet together on twitter. we'll talk about teaching kids about saving money. alisa weinstein, co-founder of helpksflyrg and ahor of "earn my keep" will be our guest. here's what you do: follow us on twitter at bizrpt, and use the tweet-up hashtag "financial education". that's tomorrow, thursday at 3 pm eastern. susie, we're really looking forward to ch
no matter your tax rate, contributing to a 401(k) can help you save money on taxes and boost your retirement security. your contributions to a traditional plan are not included in your taxable income, and earnings on roth contributions are tax-free. the good news for savers is that in 2013 401(k) limits go up to $17,500, and employees aged 50 or over can contribute an additional $5,500. but, at the end of 2011, the average account balance in 401(k)s nationwide was just under $60,000. if you're...
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Jan 31, 2013
01/13
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now that taxes are increased, we've got to see how they're reacting to that, but up until this point, almost everything pointed to stronger consumer spending and that i take as a posive sgn. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is that sector? >> well, to me i think housing is critically important, not simply because of whole construction which obviously powers an awful lot of jobs but when you consider all the people who have been underwater for so long and they have this negative wealth effect, we talked about the facthat 401(k)s are going up. if they see house prices going up they feel an awful lot better as well. so i think this strength in the housing prices are really the most important factor out there and it's spread really across the country. not quite as strong as what's going on in some of the areas that collapsed like p
now that taxes are increased, we've got to see how they're reacting to that, but up until this point, almost everything pointed to stronger consumer spending and that i take as a posive sgn. >> brown: what about just filling in a little bit more on the housing sector because those numbers came out yesterday, they look good, they were interpreted as very positive. but i note that even robert shiller himself sort of suggested that he can't read all that much into them. how important is that...
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Jan 31, 2013
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earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns about its lithium batteries overheating and catching fire. today boeing management said it is making good progress in finding the cause. peter arment is the aerospace analyst at investment firm sterne agee. >> tom: boeing still plans to ramp up production of that dreamliner, triple the number it dlivers and takes payment f. how confident are you it can stick with that? >> we're very confident. i mean, yes, there is no question there is headline risk with the 787. i think that there is concerns about what the ultimate solution will be, or root cause. but everything we have seen, it
earnings were down considerably from last year thanks to a tax settlement a year ago. but the results were well above wall street estimates, thanks to a double digit jump in revenues. driving that growth was an increase in deliveries of commercial planes. the 737 remains the driver, with 105 planes delivered. the 777 also helped, as did the 23 dreamliners handed to customers last quarter, but those planes can't fly right now. u.s. and japanese regulators have grounded the 787 due to concerns...
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Jan 25, 2013
01/13
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it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizableay. you need more investnt i human beings, that's education and so on. you need more investment in physical plant and equipment. and you need to promote technology. >> we're doing all those things, so you know we're not exactly getting a on any of them so it would be nice if we could get a on all of them and then we could do better. but i think it's unrealistic to think that growth is going to do the whole job. >> what about the federal reserve. it has its first meeting this year next week. is there anything more than the fed can do besides keeping interest rates supeow? >> not that mh. the fed is more or less restricted to working on interest rates and things that are related, closely related to interest rates. i think really if we're going to get a big
it's all about raising taxes and cutting spending. and there's no discuss about growth. and that is what americans really want. growth and jobs. what do we have to do to get growth? >> well, the badh6+suz there, susie s that while higher growth is by far the best remedy, it's very hard to put if into effect. in a sizableay. you need more investnt i human beings, that's education and so on. you need more investment in physical plant and equipment. and you need to promote technology....
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Feb 1, 2013
02/13
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filibustering in the senate, feel that it's way more important to further reduce the trivial inheritance tax on the wealthiest one tenth of 1 percent than it is to address the millions of unemployed who have needs that are not being met. and of course you could pair this-- (applause) >> in different ways. we really have to take stock of the fact we're not doing justice by our education system, by our infrastructure, by our research and development, by the policies that are needed to lift up the people of this country. and no government doesn't have to do everything. of course. we understand that. but you know, the idea of declaring the wealthiest few in the country, the job creators, well, the job creators are the people who either do or do not have money to go to the stores and purchase things and to for their families. and when they can't the economy sinks. >> rose: i want to talk about all of those, whether the digital revolution, but with washington we just had an election. >> yeah. >> rose: president obama re-elected. we see now some movement towards immigration reform. >> yeah. >> rose
filibustering in the senate, feel that it's way more important to further reduce the trivial inheritance tax on the wealthiest one tenth of 1 percent than it is to address the millions of unemployed who have needs that are not being met. and of course you could pair this-- (applause) >> in different ways. we really have to take stock of the fact we're not doing justice by our education system, by our infrastructure, by our research and development, by the policies that are needed to lift...
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Jan 26, 2013
01/13
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and interestingly, based on some spending cuts and tax increases that have been implemented so far, we're pretty close. and ja lewntimately knows what itakes toet om he to there. now, i think you, also, to, about other issues of the treasury's beat, international currency, financial markets, implementing the dodd-frank issue. as i mentioned, financial reform is still incomplete. so jack lew is going to have to oversee those as well. >> susie: let me get back to the budget issue. jack lew was also the architect of this sequester mechanism. a lot of people are worried if that kicks in, the automatic spending cuts, that, you know, that would really be a bad thing for the economy. some democrats are surprisingly saying maybe that's a good way to handle this whole budget cuts. where do you think jack lew stands on that? and, unfortunately, we just have half a minute left. what do you think? >> well, i think jack recognizes that if the sequester kicks in, it does two things. one, it makes deficit savings a lot more pronounced. that's $85 billion in one year. but, two thurts an economic recovery
and interestingly, based on some spending cuts and tax increases that have been implemented so far, we're pretty close. and ja lewntimately knows what itakes toet om he to there. now, i think you, also, to, about other issues of the treasury's beat, international currency, financial markets, implementing the dodd-frank issue. as i mentioned, financial reform is still incomplete. so jack lew is going to have to oversee those as well. >> susie: let me get back to the budget issue. jack lew...
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Jan 30, 2013
01/13
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economists say americans are worried about higher payroll taxes and the outlook for jobs. but despite that, the dow rose 72 points, the nasdaq fell a fraction, the s&p added seven points. after the market close, investors also shrugged off a disappointing earnings report from amazon and bought up the stock. amazon shares surged as much as 9%. it earned 21 cents a share, six cents below analyst estimates. revenues rose 22% but were a billion less than estimates. amazon's c.e.o., jeff bezos, said the company's e-book business is paying off, growing by about 70% last year and is now a "multibillion-dollar category." but he didn't say how many kindle firetablets azon s sold. still, jason moser, an analyst with the motley fool, says: >> really, i think that amazon is going to prove to be the leader here in retail-- not just online retail-- because i think retail in general is heading towards online retail for the most part, and amazon is really what is really setting the standard there. and that's why i think you see amazon performing so well today, and companies like walmart a
economists say americans are worried about higher payroll taxes and the outlook for jobs. but despite that, the dow rose 72 points, the nasdaq fell a fraction, the s&p added seven points. after the market close, investors also shrugged off a disappointing earnings report from amazon and bought up the stock. amazon shares surged as much as 9%. it earned 21 cents a share, six cents below analyst estimates. revenues rose 22% but were a billion less than estimates. amazon's c.e.o., jeff bezos,...
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Feb 1, 2013
02/13
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the speaker offered increased revenue from taxes. with less than two weeks to go, they thought they had a deal. it became known as the grand bargain. >> it's not every day that the speaker comes to see the president quietly and says, "i'm willing to do a deal" that everybody knows is going to be dangerous for him politically. >> narrator: back at the capitol, boehner would have to convince the new republicans to go along. >> john boehner discovers that dl making is t part of the program for a lot of these freshmen who have just come into office on the strength of conviction politics. >> these freshmen understood what washington was about and chose not to be of washington. and so they wouldn't cave like a typical politician did because they weren't typical politicians. they got elected on principle, not on politics. >> narrator: as the week wore on, obama began to worry about the grand bargain. >> he calls boehner that night and leaves a voicemail. boehner doesn't ck up. >> the president said, "get back to me tonight, john." the presi
the speaker offered increased revenue from taxes. with less than two weeks to go, they thought they had a deal. it became known as the grand bargain. >> it's not every day that the speaker comes to see the president quietly and says, "i'm willing to do a deal" that everybody knows is going to be dangerous for him politically. >> narrator: back at the capitol, boehner would have to convince the new republicans to go along. >> john boehner discovers that dl making is t...
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Jan 24, 2013
01/13
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tax people and they want to dig in. i think republicans now realize eye don't know if they can carry the day on this-- but i think they now realize a smile, a lighter touch, talking about compromise, but staying tough to principle, repositioning themselves that could do a world of wonder. think they just need a break now. i think they need the focus to be on the white house, the president and the democrats. >> ifill: what they're counting on then you're saying not that the vision will change but the implementation will be so unpopular for the white house they will then be able to regain their footin footing there that? >> in fact, the country is very concerned about spending. they're concerned about these huge deficits and debt. that's an argument that maybe republicans can get some traction on. i thought this was a good day for john boehner who has had a lot of bad days in leading the house. this was a crase where they had a retreat last weekend. people who were there said it was aery somell retreat and they agreed to
tax people and they want to dig in. i think republicans now realize eye don't know if they can carry the day on this-- but i think they now realize a smile, a lighter touch, talking about compromise, but staying tough to principle, repositioning themselves that could do a world of wonder. think they just need a break now. i think they need the focus to be on the white house, the president and the democrats. >> ifill: what they're counting on then you're saying not that the vision will...
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Jan 29, 2013
01/13
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do everything we can to build trust in that institution so that when it does make tough decisions on taxes, on spending, on energy policy, that america has some credibility that we got it more right than wrong. >> tell me about the lobbyists. who are these people? >> well, the problem with lobbyists, a lot of them come off the hill, a lot of them come out of congress. many members of congress leave the capital and go to k street. and it's a real reflection of how money has overtaken politics. d the real problem with that system is not the individual lobbyists. a lot of times they'll have legitimate points to present to members of congress. the problem is the amount of money that lobbyists represent. and what tends to happen in congress is that the concerns of those lobbyists, the concerns of amgen, become much more of the topic of discussion, debate, and resolution than the concerns of middle america, the concerns of the farmers. you know, in congress, we didn't even vote in the house on a farm bill. this is the first time in the history of this country where a house agriculture committee,
do everything we can to build trust in that institution so that when it does make tough decisions on taxes, on spending, on energy policy, that america has some credibility that we got it more right than wrong. >> tell me about the lobbyists. who are these people? >> well, the problem with lobbyists, a lot of them come off the hill, a lot of them come out of congress. many members of congress leave the capital and go to k street. and it's a real reflection of how money has overtaken...
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Jan 26, 2013
01/13
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the chance of us getting tax reform are mines call. so well he probably find a mediocre fix for the reconciliation, budget stuff. but we'll spend relative little time on big stuff. i think judging still by the inauguration, he's thinking the long-term. he's thinking the republican party is extraordinarily weak. i'm going to try to go around the country and try to build a new majority on pretty liberal terms. and it's not about passing legislation over the next four years. it's been really akening the other side d bilding up my stuff. >> what do you think, speaking of the republicans, here they are meeting. they are having their annual meeting in charlotte. and we've talked about this too. their weakness, you just mentioned it again. they're trying to figure out how their position going forward. >> i do think the president at least implicitly and tacitly recognized the states that he made in the first term. i think the emphasis, reappointment of richard corddry and mary jo white at the securities and exchange mission san acknowledgment
the chance of us getting tax reform are mines call. so well he probably find a mediocre fix for the reconciliation, budget stuff. but we'll spend relative little time on big stuff. i think judging still by the inauguration, he's thinking the long-term. he's thinking the republican party is extraordinarily weak. i'm going to try to go around the country and try to build a new majority on pretty liberal terms. and it's not about passing legislation over the next four years. it's been really...
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introduced legislation this week that rewards businesses that violate obamacare by giving them state tax breaks up to the amount they will be fined for not complying with the law in the case of hobby lobby this bill would free lobby lobby of paying any state taxes in texas as long as they continue to violate obamacare. you see this goes on perfectly with other efforts to cripple obamacare including republican governors refusing to set up health insurance exchanges as mandated by the law and governors refusing to expand medicaid coverage to cover more and more people in their state so while president obama may have won the fight to get obamacare passed or may speciate how successful he'll be in getting the law implemented joining me now is someone who hopes he loses this fight dr betsy mccoy the former lieutenant governor of the state of new york and the author of the new book beating obamacare your handbook for surviving the new health care law dr mccoy welcome it's really good to have you on the show thank you so i just want to begin with saying you and i sort of agree i'm not a fan of
introduced legislation this week that rewards businesses that violate obamacare by giving them state tax breaks up to the amount they will be fined for not complying with the law in the case of hobby lobby this bill would free lobby lobby of paying any state taxes in texas as long as they continue to violate obamacare. you see this goes on perfectly with other efforts to cripple obamacare including republican governors refusing to set up health insurance exchanges as mandated by the law and...
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Jan 30, 2013
01/13
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taxes have not really gone up. we have had the bush tax cuts right now for a decades. the not stimulated the economy in the way republicans say they would. i think there's a real debate to be had here. we have to be honest about the fact that the deficit is not the immediate issue. >> what does this do to the push that the president wants and some other democrats want for more tax hikes? they want to close hoop holes which is the tax hike. the president was saying when we were struggling and in a recession now is not the time to raise taxes. this is the worst we have been since we came out of that recession. hoping for a one-percent growth which is an nehm mick. instead of growing it's like we lost weight instead of growing weight. you run a gain rate every year. >> he is going to press for more that he canses. this is not about restructuring the sucht economy if you look at the last of the second half. every single time congresses of both taerts weather they are jqk or george w-bush. you can-- every time you raise taxes you shrink this. he's interested in the wealth r
taxes have not really gone up. we have had the bush tax cuts right now for a decades. the not stimulated the economy in the way republicans say they would. i think there's a real debate to be had here. we have to be honest about the fact that the deficit is not the immediate issue. >> what does this do to the push that the president wants and some other democrats want for more tax hikes? they want to close hoop holes which is the tax hike. the president was saying when we were struggling...
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Jan 31, 2013
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those with religious objections will be forced to pay the obama care tax. it was released by the irs about the law answer individual mandate. any one whose religious belief conflicts with insurance they will be exempt from that. >> 34 percent of firms expect to add to the payrolls in the next six months. this is the highest percentage since last april. here with three companies hiring right now cheryl casone from the fox business network. >> i wish these surveys will translating into data. when it comes to unemployment we will get another monthly look at the job situation in the morning. we have companies that are hiring who have seasonal jobs today with lows. they are the home improvement company they are the second largest in the nation. they have 45,000 seasonal jobs 9,000 permanent part-time jobs 15 million customers a week are shopping at lowe's right now. they need people who can be home improvement experts people that can do gardening things like that that can help customers come in the door remodel their homes redo their homes military friendly. one
those with religious objections will be forced to pay the obama care tax. it was released by the irs about the law answer individual mandate. any one whose religious belief conflicts with insurance they will be exempt from that. >> 34 percent of firms expect to add to the payrolls in the next six months. this is the highest percentage since last april. here with three companies hiring right now cheryl casone from the fox business network. >> i wish these surveys will translating...
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Jan 31, 2013
01/13
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he also wants to eliminate virginia's gas tax. he says replace it with a sales tax increase. the plan passed a major hurdle yesterday. a house committee voted in favor of it. a senate committee will discuss that proposal today. >>> virginia schools may soon get report cards, too. the house education committee voted in favor of a bill that grades public schools on an a to f scale. the house will now take up the legislation. the committee backed several other bills. one would create a board to oversee failing schools. another would require teachers to be trained in administering cpr. the committee also endorsed legislation allowing schools to create their own calendars and open before labor day. >>> home-schooled students in virginia will keep an eye on richmond today. the senate education and health committee will debate the so-called tebow bill. it would allow home-schooled students to play sports at public schools. the committee killed a similar bill last year. the bill is named after nfl quarterback tim tebow who was homeschooled in florida and allowed to play high school f
he also wants to eliminate virginia's gas tax. he says replace it with a sales tax increase. the plan passed a major hurdle yesterday. a house committee voted in favor of it. a senate committee will discuss that proposal today. >>> virginia schools may soon get report cards, too. the house education committee voted in favor of a bill that grades public schools on an a to f scale. the house will now take up the legislation. the committee backed several other bills. one would create a...
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Jan 27, 2013
01/13
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high taxes, taxings are forced. high taxes prompt an exodus whether tiger woods or going back to the uk in the 70s, the rolling stonings. if you work and don't get to keep the product of your labor. you are a slave. california is more than 60 percent of the way there. >> wayne, you are in california. when are lawmakers going to get the message enough is enough? >> it is not a question of them getting the message. it is a question of spending. you have to cut spending in order to do this. you can't just meet this with taxes. california has a bigger problem because it is so flush so long and done so well for so long and five cities that are filing for bankruptcy and worry about the bonds there and all kinds of thingings. but this is a tax, the state income tax like the federal income tax is a tax on production and productivity. for example the state of nebraska, governor hideleman is substituting his sales tax for a for an income tax and makes himself more competitive by doing so. >> don't we have enough tax revenue.
high taxes, taxings are forced. high taxes prompt an exodus whether tiger woods or going back to the uk in the 70s, the rolling stonings. if you work and don't get to keep the product of your labor. you are a slave. california is more than 60 percent of the way there. >> wayne, you are in california. when are lawmakers going to get the message enough is enough? >> it is not a question of them getting the message. it is a question of spending. you have to cut spending in order to do...
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Feb 1, 2013
02/13
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, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in washington. however, all federal spending is spending on particular programs. spending is not just bad because it leads to these overall macro economic problems. spending a many hundreds of particular federal program caused damage to society and harm individual freedom and grid all kinds of other problems. so the issue with federal spending on the federal budget is not just the question of whether $3.6 trillion is too much to spend this year. but the problem is whether spending on the hundreds of particular federal programs causes damage to society a
, higher taxes lead to greater economic distortions. again suppressing gdp. and again those facts are not in the basic cbo projection but our fiscal future is much scarier than he usually cbo shows. as government spending grows in coming decades, gdp will be suppressed more and more. it will sort of be like a fiscl death spiral in coming decades unless we make major reform. so those are the big picture problems of federal spending, and these are often discussed by budget wonks and others in...
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Jan 31, 2013
01/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax.
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Jan 26, 2013
01/13
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so i'm very, very proud that tax papers are here, as i said, where they belong. now to return to his question, actually, initially i had a very negative approach. it did not start out very well. when jack retired he came back. he brought home with them about 20 boxes of the biggest mess you ever saw. jack was not just organized. he was opposed to this organization. anyway, i started out to help him sort the papers. and so i have bought all these file boxes. about folders and everything. the pick of the paper and sick and the way you think this one goes? the atlanta constitution or the marvin griffin administration. he was sick and give me that and start reading it. he read every piece of paper. he could not part with a single one. after today's idea of. okay. it's all yours. the second reason i had a negative impression was that they brought silver fish into the house. [laughter] so after he died in that a side that, you know, his memoir needed to be completed. it was a wonderful read. an important book. i knew that meant attacking his papers. i could not do it a
so i'm very, very proud that tax papers are here, as i said, where they belong. now to return to his question, actually, initially i had a very negative approach. it did not start out very well. when jack retired he came back. he brought home with them about 20 boxes of the biggest mess you ever saw. jack was not just organized. he was opposed to this organization. anyway, i started out to help him sort the papers. and so i have bought all these file boxes. about folders and everything. the...
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Jan 30, 2013
01/13
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gerri: property taxes? what are property taxes like? >> low. depends on the municipality, but less than 2% so the sales tax is lower. how about no estate tax, gerri? when you talk about planning your estate, you know, give away 6% to 10% of the your money to the state, it's a big number. gerri: all right. i have to go through another graphic here because it's fascinating. we went to united lines to ask, okay, where are people leaving from? new york, new jersey, connecticut, michigan, illinois? what's the big inbounds state. dc, washington, d.c. because they have all the money. oregon, nevada, north carolina, south carolina so people are moving south. that's definitely the case. >> oh, absolutely. gerri: a quick story before we came to air saying you were able to actually nab a present for your company that you otherwise would have not been able to get if he had to move to new york or new jersey. >> that's right. he's a perfect example. the president here was a managing directer at ubs, and every day he would wake up at 4:30, and he would get to
gerri: property taxes? what are property taxes like? >> low. depends on the municipality, but less than 2% so the sales tax is lower. how about no estate tax, gerri? when you talk about planning your estate, you know, give away 6% to 10% of the your money to the state, it's a big number. gerri: all right. i have to go through another graphic here because it's fascinating. we went to united lines to ask, okay, where are people leaving from? new york, new jersey, connecticut, michigan,...
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Jan 29, 2013
01/13
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it is not just the taxes. i don't want a state that takes everything off me and gives me traffic jams and regulations and climate control policies and all the rest of it. >> and tell you what to do, what you can and cannot do. new york, california, these places people are going and realize they cannot even be myself and make my own decisions. i am going to florida. stuart: jerry brown wants to pass a bill, or the legislature does, that will exempt thousands of public sector workers from any kind of pension rollback. are you familiar with this? >> no, i am not. stuart: a proposal to roll back pensions in the public sector. the legislature says no, you can't do that, absolutely not california's budget is still in a mess, i think. >> right now they haven't had any constructional reform, which is what they need. especially on the local level. right now what they're really wanting to do is bail out the local cities going bankrupt. stuart: would you ever go back to california? >> for vacation. stuart: well said. tha
it is not just the taxes. i don't want a state that takes everything off me and gives me traffic jams and regulations and climate control policies and all the rest of it. >> and tell you what to do, what you can and cannot do. new york, california, these places people are going and realize they cannot even be myself and make my own decisions. i am going to florida. stuart: jerry brown wants to pass a bill, or the legislature does, that will exempt thousands of public sector workers from...
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Jan 24, 2013
01/13
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i'm going to put the push on to get rid of a corporate tax or personal income tax and maybe to people who are very sensitive and are so wealthy they have the power to move, i can attract them to my state. we're seeing it in places like nebraska and louisiana piling on. this is an opportunity? >> governor perry in texas is famous going on hunting trips to california where he visits ceos. melissa: right. >> gives them a cell phone. here is my personal number. call me anytime. tell me what i can do to attract you to texas. we have several states with offices set up in california because we're so vulnerable here. hundreds of companies leave every year. you make a good point about phil mickelson has options. so do a lot of companies. they can go elsewhere and do out of california. melissa: is that story about governor perry true? i heard that before. do governors have hair their own cell phone? >> he does. literally gives cell phone, has one number programmed. call me anytime. tell me what i can do. our leaders are not doing that, they're dismissive about companies leaving. they say it is
i'm going to put the push on to get rid of a corporate tax or personal income tax and maybe to people who are very sensitive and are so wealthy they have the power to move, i can attract them to my state. we're seeing it in places like nebraska and louisiana piling on. this is an opportunity? >> governor perry in texas is famous going on hunting trips to california where he visits ceos. melissa: right. >> gives them a cell phone. here is my personal number. call me anytime. tell me...
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Jan 30, 2013
01/13
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...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in tennessee. here to explap is the chattanooga mayor who i think is a genius. thank you for coming on the show. we appreciate your time. >> glad to be with you. melissa: why did you decide technology was key? what made you focus on that? >> well, we had a choice of rebuilding the old electrical system that receivers the city or building something for the future, and even though it was initially more costly, we felt the future was more compelling than the past. chattanooga's an old industrial city. this is new infra
...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. ♪ melissa: so call it a potential hackers haven, but chattanooga hoping to offer the fastest internet structure in the country. if that's not enough for you, they instituted a new program called geek moves that covers mortgage and moving excepts for ten lucky techs. one innovative program instituted hoping to spark a tech revolution in...
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Jan 29, 2013
01/13
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credit -- melissa: they would pay payroll taxes, state, local, and federal taxes. >> right. we think 55% of illegals are already paying taxes. it's not that much. their income is so much less on average, reflecting educational attainment, that even if the other 45% paid payroll tax, generally, they don't pay income tax because they are too poor. we think 80% or less educated. what the fiscal impact reflects, not so much where they are from or who they are, rather their educational attainment. unskilled immigration is costly for taxpayers even though most work. melissa: steve, thank you for your time. >> sure thing. melissa: next on "money," violent protests in egypt, the critical passageway for oil supplies could be at risk. we'll explain. plus, it tastes so good, but that grocery store frozen pizza, is it toxic for your body? one says the california pizza kitchen is deliberately poisenning consumers. i don't know. we have the details. piles of "money," but no frozen pizza though. that's coming up president ♪ have given way to sleeping. tossing and turning where sleepless
credit -- melissa: they would pay payroll taxes, state, local, and federal taxes. >> right. we think 55% of illegals are already paying taxes. it's not that much. their income is so much less on average, reflecting educational attainment, that even if the other 45% paid payroll tax, generally, they don't pay income tax because they are too poor. we think 80% or less educated. what the fiscal impact reflects, not so much where they are from or who they are, rather their educational...
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Jan 29, 2013
01/13
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...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain defending a bipartisan bill to o give 11 million illegal immigrants in the u.s. a path to citizenship, but texas republican congressman says this plan sounds a whole lot like amnesty. you don't like this bill. why? >> this is a plan we saw several years ago with the same individuals involved, so no surprise. they favored amnesty before, and they favored amnesty now. says quite frankly it will save taxpayers billions of dollars because they will have to fit the bill going to be benefits going to these. it will cost american worker thousands of jo
...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. >> they have to pay back taxes, they have to learn english, they have to be able to understand and study our history, they have to get in line behind everyone else. they would be granted legal status but they get behind everyone else who has waited legally for a green card status. liz: senator john mccain...
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Jan 31, 2013
01/13
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income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >> reporter: moving 200 more officers from behind their desks to the streets. >> if i have to put a policeman here, 24 hours a day, 7 days a week, 365, we're going to make a point that this territory belongs to the community. >> i'm hadiya, year 2015. >> reporter: the victims have names and families. 15-year-old honor student, hadiya pendelton, has become the latest face of violence in this city. in sixth grade, she took part in an anti gang video. >> your job is to say no to gangs and yes to a great future. >> reporter: despite by laws that prohibit gunshots within city limits, more than a
income tax nbc's kevin tibbles starts us off from there tonight. good evening. >> brian, 2013 is barely a month old and already 42 murders in the city of chicago. the latest has galvanized this city into taking action. >> no one gets a pass. >> reporter: today, chicago city officials went on the offensive. taking aim at gun violence by calling for background checks on gun buyers. >> loss of any child, in any community, in this city, is a loss to the entire city. >>...
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Jan 31, 2013
01/13
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supporters say home-schooled kids sderg the opportunity to play, because their parents pay taxes to support the cool. opponents say parents know the consequences of home-schooling their children. >>> super bowl sunday is almost here. a sneak peek at the commercials that are already getting the buzz. >>> and veronica is back with the full people to tell us about this hug we gotta sell the car. where would we even start? get the car. hi howard. get in. hi, good to see you. start with an actual written offer when selling your car, no strings attached. carmax. start here. you can do more business per second. and with more reliable internet, that's more per second. and with a dedicated line, it's more per second. and with an additional line, it's more... table for 15? [ male announcer ] ...per second. but most importantly, it's more... mmm! [ male announcer ] ...per second. get verizon high-speed internet and phone for just $84.99 a month when you sign up online with a two-year price guarantee. plus a $200 verizon visa pre-paid card and an additional line included. verizon. >>> this news just hi
supporters say home-schooled kids sderg the opportunity to play, because their parents pay taxes to support the cool. opponents say parents know the consequences of home-schooling their children. >>> super bowl sunday is almost here. a sneak peek at the commercials that are already getting the buzz. >>> and veronica is back with the full people to tell us about this hug we gotta sell the car. where would we even start? get the car. hi howard. get in. hi, good to see you. start...
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Jan 24, 2013
01/13
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to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. so you say men are superior drivers? yeah. then how'd i get this... [ voice of dennis ] ...safe driving bonus check? every six months without an accident, allstate sends a check. ok. [ voice of dennis ] silence. are you in good hands? [ voice of dennis ] silence. we replaced people with a machine.r, what? customers didn't like it. so why do banks do it? hello? hello?! if your bank doesn't let you talk to a real person 24/7, you need an ally. hello? ally bank. your money needs an ally. ♪ many hot dogs are within you. try pepto-bismol to-go, it's the power of pepto, bu
to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. so you say men are superior...
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Jan 28, 2013
01/13
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the county, truck stops in rome, the mills in south georgia, state payroll padding, embezzlement of tax funds, confects for private work, nepotism from purchasing schemes such as the state board of leaks with no water. [laughter] on i could go on. many of these expos ase took place during the griffin administration which president carter can attest notoriously corrupt. they had never stolen so much. but ronald griffin was kind of day for giving sort of croak. quite a few years later she and jack and other reporters were drinking and marvin griffin said to jack you know how use to think every time i would see him walking into a press conference was a notebook, and jack said what? he said i used to think with that beady eye son of a bitch has on me today. [laughter] she used to pursue the story for the "l.a. times," and he was always -- i think we have to watch our time here so i just going to end by saying how happy i am that this book is published because she had such a wonderful career in washington it tended to overshadow this earlier phase of his career in the south, and this book al
the county, truck stops in rome, the mills in south georgia, state payroll padding, embezzlement of tax funds, confects for private work, nepotism from purchasing schemes such as the state board of leaks with no water. [laughter] on i could go on. many of these expos ase took place during the griffin administration which president carter can attest notoriously corrupt. they had never stolen so much. but ronald griffin was kind of day for giving sort of croak. quite a few years later she and...
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Jan 25, 2013
01/13
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to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. colleagues with "the five." ♪ ♪ ♪ ♪ >> greg: disgusting. >> dana: you're disgusting. >> greg: that is a sick song. >> dana: can i do my segment? we're going to talk about you. soda ban about to go in effect in new york city but has new opposition that used to be for it. they were for it before they were against it. we'll tell you about that in a second. start with this. a new study done by daniel callahan, a senior research fellow at the hastings center. he put out a paper this week. see how skinny he is. he thinks it's maybe time to start shaming people who ar
to places with lower taxes. i think california is 13.3%. >> andrea: california needs your uncle steve to pay the taxes. freddie they can have steve -- >> greg: they can have steve. >> andrea: coming up, now a racial component to the bloomberg bomb's soda ban. some civil rights group think it will hurt minority business owners. could it be the straw that break the nanny state back? or the straw that breaks the soda? back in moments. we'll tell you. colleagues with "the...
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Jan 30, 2013
01/13
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the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a country's success is how low the top tax rate is. would you rather live in russia or sweden? i would take sweden. we can argue. if you like to have lower tax rates at the top, tell me which social programs you want to cut. there is no evidence in our history that tax rates at the level we have are a big problem for the economy. host: comment on twitter with a question. guest: right now they are small. it's not clear there are any negatives. barring more is a good thing -- borrowing more is a good thing. that will hurt future growth, keep people unemployed for a long time. they will never get started on
the top tax rate in russia -- in the u.s. went up to 39.6%. there is a flat tax in russia of 13%. better than.s. do rusher in taxes? -- russia. guest: this has been tested. "money printing will cause inflation" and it keeps not happening. don't tell me the numbers are skewed. at one point the say people have the wrong model. if you're not willing to say that, i cannot deal with that. that is something that is turning into something that is irrational. i don't think the measure of a...
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Jan 29, 2013
01/13
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ask which transitions adaptive lens is best for you. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] make your escape... twice as rewarding. earn double points or double miles on all your hotel stays through march thirty first. sign up now at hiltondouble.com. on all your hotel stays through march thirty first. a hybrid? most are just no fun to drive. now, here's one that will make you feel alive. meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. >>> our second story "outfront," transformational or overrated? which word better describes the legacy of hillary rodham clinton as secretary of state? president obama thinks the first option is what people think. >> i think hillary will go down as one of the finest secretaries of
ask which transitions adaptive lens is best for you. ...tax time can ofbe...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. [ male announcer ] make your escape... twice as rewarding. earn double points or double miles on all your hotel stays through march thirty first. sign up now at hiltondouble.com. on all your hotel stays through march thirty first. a hybrid? most are just no fun to...
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Jan 27, 2013
01/13
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FBC
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the countries with a tax, and this to go global with the playing field. one problem, right now they don't know what the money will be used for. charlie, you can't make it up. >> i can't see the chinese and the spending in the asian market where people transact a lot of business. one interesting thing about markets. some if somebody said you have to live in l.a. or new york in the media or entertainment base, less so, but you have to do it. you do not have to trade in europe. there are exchanges all over the place where you can bypass this stuff and i tell you, remember what happened with sarbanes oxley. right after that, they posted the conditions and penalties on companies that want to list here in the united states, and be in the u.s. stock market. a lot of can't went-- >> to your point, london surpassed in new york and hong kong blew up and in the meantime, a giant money grab up to 76 billion dollars, forget about they don't know what to do with it. >> the financial crisis they say they need money out of the banks to pay for the financial crisis and th
the countries with a tax, and this to go global with the playing field. one problem, right now they don't know what the money will be used for. charlie, you can't make it up. >> i can't see the chinese and the spending in the asian market where people transact a lot of business. one interesting thing about markets. some if somebody said you have to live in l.a. or new york in the media or entertainment base, less so, but you have to do it. you do not have to trade in europe. there are...
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Jan 31, 2013
01/13
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MSNBC
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if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is quite real though. this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> he does exist. >> they do exist. >> this next segment reminded our stellar producer brian of that commercial when santa discovered walking and talking m&ms do in exact exist. it's time to debunk that same political myth about th
if we're going to cut taxes say how you pay for it before you vote to cut taxes. and that's what we haven't done. >> all right. congressman, thank you so much for joining us. >> thank you. >>> and up next, as much as the debt kreeling is a bunch of make believe, allegedly there are a lot of actual conservatives on college campuses. >> true story. >> i don't believe it. do you? >> i believe it. ...so as you cs customer satisfaction is at 97%. mmmm tasty....
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Jan 30, 2013
01/13
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gerri: officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. for their annual football trip. that's double miles you can actually use. tragically, their ddy got sacked by blackouts. but it's our tradition! that's roughing the card holder. but with the capital one venture card you get double miles you can actually use. [ cheering ] any flight, anytime. the scoreboard doesn't lie. what's in your wallet? hut! i have me on my fantasy team. ♪ gerri: heads up, small business hours. today's to pile your paperwork for the irs or you face a $500,000 fine. is bosnia weight. what is the deadline for filing your to 99? we're covering your assets. managing director for wealth health. you missed this. >> two more days. d
gerri: officemax knows... ...tax time can be...well...taxing. so right now we'll give you... ...$10 off any turbo tax deluxe level software or higher! find thousands of big deals now... ...at officemax. that your mouth is under attack, from food particles and bacteria. try fixodent. it helps create a food seal defense for a clean mouth and kills bacteria for fresh breath. ♪ fixodent, and forget it. for their annual football trip. that's double miles you can actually use. tragically, their ddy...
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Jan 29, 2013
01/13
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FBC
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raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world the tax court hurts us, and frankly will bring down what i call the compliance tax. how many people do their own taxes now and pay millions if not billions of dollars in the country as a whole to get somebody else to figure this thing out. i would pay a higher rate if i knew i didn't have to pay the extra $2000 cut $2500 per year to the accountant to tell me what its supposed to be. it is a serious one. liz: texas have made more liars than a golf hats, but if you're going to do tax reform it took years, you have to start it now, right? >> ra
raising taxes when he said no new taxes. it is a shame for his legacy, but can anybody conceivably in this environment say we have to raise taxes on the middle class if they're in elected office? >> the reality is the present tax code is a disaster. yes, you can raise tax revenue and you can get people behind it if indeed you do it by saying let's scrap huge chunks of the present tax code that make no sense in going the direction of a tax code that is competitive to the rest of the world...
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nearly 9 billion in assorted other taxes, a total of more than $24 billion in taxes. so, let's revisit the top of the segment for a moment. according to today's earnings report exxon earned about $10 billion last quarter. the oil giant paid 24 billion in taxes. look at that comparison. and that is just the fourth gerri: for 2012, they earned $45 for 2012 exxon earned 45 billion paid 102 billion. in fact, their tax rate, 31 percent -- that does not sound like a free ride to meet. to put it into perspective, their tax bill was greater than the entire gdp of morocco. think about it. an entire country. talk about there fair share. the fair share, if that's what we are striving more, the irs has to give its money back. unlike your pet projects like solyndra, exxon is more than profitable, and it puts money back into the economy in the form of nearly $37 billion in energy investments. stop making them out to be the bad guys. like you have other successful americans that take pride in a u.s. company being number one in the world. that's a good thing. coming up next, traders
nearly 9 billion in assorted other taxes, a total of more than $24 billion in taxes. so, let's revisit the top of the segment for a moment. according to today's earnings report exxon earned about $10 billion last quarter. the oil giant paid 24 billion in taxes. look at that comparison. and that is just the fourth gerri: for 2012, they earned $45 for 2012 exxon earned 45 billion paid 102 billion. in fact, their tax rate, 31 percent -- that does not sound like a free ride to meet. to put it into...
WHUT (Howard University Television)
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Jan 24, 2013
01/13
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WHUT
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we all pay sales tax on everything that we buy. we sell something, we pay tax. this is paying to wall street -- you have gotten a pass. when you talk about jobs and education, i want to ask you, where are the jobs? they are not just trickling down or bubbling up -- there are no jobs in this country. i work for the labor movement -- it is being decimated by the right wing. i will talk about the financial transaction tax -- this is a part of the solution. i want to tell you, i represent registered nurses in the unions across this country. they are of the finest tradition of martin luther king -- they are about humanity. they do not make distinctions among patients. they do not care if you are rich or if you are poor, if you are black or if you are white, if you are a man or if you are a woman -- you are their patient. they protect you, the fight for you. what they're finding is because of profits in the health-care industry, the most inept system in the industrial world, the american medical system -- patients are being pushed out, children are coming with malnutr
we all pay sales tax on everything that we buy. we sell something, we pay tax. this is paying to wall street -- you have gotten a pass. when you talk about jobs and education, i want to ask you, where are the jobs? they are not just trickling down or bubbling up -- there are no jobs in this country. i work for the labor movement -- it is being decimated by the right wing. i will talk about the financial transaction tax -- this is a part of the solution. i want to tell you, i represent...